Jurnal Penelitian Ekonomi Manajemen dan Bisnis
Vol. 5 No. 3 (2026): Agustus: Jurnal Penelitian Ekonomi Manajemen dan Bisnis

Analisis Perbandingan Kinerja Keuangan sebelum dan sesudah Akuisisi pada PT Medco Energi Internasional Tbk Tahun 2019-2024

Kuspuji Isti Ningdyah (Politeknik Negeri Sriwijaya)
Purwati Purwati (Politeknik Negeri Sriwijaya)
Dwi Riana (Politeknik Negeri Sriwijaya)



Article Info

Publish Date
21 Aug 2026

Abstract

This study aims to analyze the differences in financial performance before and after the acquisition of PT Medco Energi Internasional Tbk in 2019-2024. The company's financial performance is analyzed with liquidity, solvency, and profitability ratios. This study uses a quantitative method with a comparative approach. The data used is secondary data obtained from the financial statements of PT Medco Energi Internasional Tbk from the 2019-2024 period. The data obtained were then analyzed by the Shapiro-Wilk  normality test, and  the Paired Sample t-Test with the help of  SPSS software. The results showed that only the Return on Assets (ROA) variable showed a significant difference, between before and after the acquisition, with a significance value of 0.041 < 0.05. Meanwhile, other variables, namely Current Ratio, Quick Ratio, Debt to Equity Ratio, and Return to Equity, did not show significant differences. The results of the study show that the acquisition strategy implemented by the company has not been fully successful in significantly improving all aspects of financial performance, but it has a positive impact on the company's ability to generate profits through the utilization of the company's assets.

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Journal Info

Abbrev

jekombis

Publisher

Subject

Decision Sciences, Operations Research & Management Social Sciences

Description

Manajemen Sumberdaya Manusia , Manajemen Keuangan, Manajemen Pemasaran, Manajemen Sektor Publik, Manajemen Operasional, Manajemen Rantai Pasokan, Corporate Governance, Etika Bisnis, Akuntansi Manajemen dan Pasar Modal dan ...